in terms of a decentralised turing complete state machine e.g. dapp cryptocurrencies, in my opinion its everything. the problem is sacrificing scalability and decentralisation. you can get really high TPS with dpos and dbft but then you are centralised. pow is just too slow and is going out the window as a consensus mechanism going forward due to security risks, dPoW is a mitigating solution to this, beating asics is an arms race, monero hash rate just sparked up likely someone figured out their clever asic resistance algo and now there are wild FPGAS out there centralising mining. PoW is fine for currencies but requires more safeguards like dPoW.

however for a giant decentralised computer, like eth, eos etc you need high tps. you want to be able to create an application that can be as fast as possible so you can create dApps that can offer something in the centralised space e.g. decentralised facebook.

hes completely wrong on his price prediction but hes not wrong on the best coin to bet on in the top alts to make a big return on. 40% of my portfolio is xrp. the reason why is that is this being adopted. yes most banks are currently using x-current which doesnt use the token but still relies on nostro / vostro system which ties up liquidity and takes time if bank a / b doesnt have a corresponding account, which with each other goes thru third party and often its settled in usd for doing the exchange increasing cost further. x-rapid is where the token will take off. it's different to x-current which still uses the noso / vostro account, xrp forms as settlement, so if bank a / b don't have corresponding nostro vostro accounts but are using x-rapid they can save a huge amount of money. not to mention that money sitting in nostro / vostor accounts is a liability on the banks balance sheet, they dont want this moeny, money that is not actively used out in loans is a liability on the balance sheet. so many banks are using x-current in prod now, with the plans to move to x-rapid, decent number of pilots and people using it, its building up. they are signing a bank a week almost. once x-rapid starts getting used more and the order books start getting used by banks, the value will go up big time, parabolic as the FOMO sets in, it will crash again, but keep going up. but no way to 10000x. i will conservatively say it will replace btc as top market cap coin. thats enough of a reason alone to have a big stack of it.

the reason why adoption is so important here with ripple, when you compare all the cryptocurrencies you dont see much adoption, btc no one uses it for payment other than for trading alts, "store of value" bs, and some hipsters using it to buy stuff. its expensive to use over fiat and there is volatility. then lets look at smart contracts, yeah there will be adoption, but how valubel are decentralised applications to large organisations or general people e.g. a website? some niche cases, otherwise a centralisatied solution is better. u only want block chain if you want to remove a centralised point of authority. so these coins have value, but imo they wont be nearly as adopted as people thin kthey are, ppl think blockchain is magic iwthout understanding what it means to use a blockcahin over a centralised solution, pros / cons etc. u also have to realise that permissioned blockchains will be used in organisations in scenarios where they feel its appropriate to decentralise trust, this block chain is private, so no tokens on the market. u should check out the paper "do you need a blockchain" makes you realise its quite overhyped, helps if ur a developer / coder as well to realise.

there r some other coins that have adoption in my folio xmr, eth esp with its its usage as an ERC20 token, neo, i like iota but dont have teoo much into it rest of the stuff is speculative, so 70% make up my safe coins, then stuff that has promise like stellar. ont tho i need to read more into thjat one, road map is quite long otehr ones i got are , prl, ada and shl cause of prl air drop. underrated crypto, shl is like substantrum with potential without the use of ISPs.

xrp is mainly for remittance for interbank settlements. the idea is to remove the costly need for vostro and nostro accounts. these accounts hold fiat denominations to facilitate forex. first will be xcurrent, which doesnt need xrp token, easier to get started with. it has huge cost savings. xRapid requires xrp token but the savings are more substantial. the reason why xcurrent is used first is because its easier to use. the progression to use xrapid is a natural progression and easy to migrate to from xcurrent.

xrp token value will soar once pilots move to adoption and then to xrapid. you wont even have a chance to time it. even though there are huge amounts of xrp in circulation and in escrow. a high token value is actually better for banks as it makes filling the order book easier. right now im 29% xrp, and im buying more.

its a no brainer use case, there are billions or perhaps even trillions lieing around in nostro / vostro accounts which is dead money on the balance sheet. tehse accounts hold fiat denominations to faciliating trading on forex for remittance. this is hugely expensive as this money is a liability on the balance sheet as it cannot be loaned out.

XRP removes the need for these costly nostro / vostro accounts

XRP also has huge cost savings in weak fiat corridors e.g. fiji fiat / australian dollars. it costs 15% to send money there. insert african country here and its even worse. its also over night or could take days as not all banks have denominations of fiat. so it needs to be settled through other banks using USD as the intermediary, increasing cost and time.

XRP solves this problem as there is no need to hold fiat denominations which i mentioned but also its near instant 2-3 second confirmation time, 1500 tx/ps and 0.0003$ per transaction.

the only hurdle for adoption is legal and governance. which they have always said they are willing to comply with regulations.

people bring up centralisation but they are making efforts to decentralise. and yes XRP has 60% of xrp tokens in escrow, but they will be released monthly to provide liquidity in a similar way how mining or staking adds coins into circulation